Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles
Includes bibliography
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2014
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oai-11362-115842020-11-19T01:58:04Z Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles Tello, Mario D. INTEGRACION ECONOMICA POLITICA COMERCIAL POLITICA FINANCIERA ESPECIALIZACION DE LA PRODUCCION CONVENIOS PREFERENCIALES CRECIMIENTO ECONOMICO CICLOS ECONOMICOS PRODUCTO INTERNO BRUTO MODELOS MATEMATICOS ECONOMIC INTEGRATION TRADE POLICY FINANCIAL POLICY PRODUCTION SPECIALIZATION PREFERENTIAL AGREEMENTS ECONOMIC GROWTH BUSINESS CYCLES GROSS DOMESTIC PRODUCT MATHEMATICAL MODELS Includes bibliography This paper analyses the way the integration of trade, finance and sectoral specialization relates to the degree of synchronization between the gross domestic product (GDP) cycles of Peru and those of the 31 countries with which it trades most. The analysis is based on estimation of a system of simultaneous equations with panel data in which account is also taken of the repercussions of preferential trade agreements (PTAS). The findings reveal robust two-way relationships between synchronization and financial integration, between the latter and trade integration, and between trade integration and sectoral specialization. ptas did not influence the different variables considered. This evidence suggests that greater trade integration in Peru would intensify the effects of partner countries' GDP cycles on Peruvian output in contexts like the 2008 and 2010 crises. 2014-01-02T18:46:01Z 2014-01-02T18:46:01Z 2012-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11584 LC/G.2518-P en CEPAL Review CEPAL Review 106 application/pdf PERU PERU |
institution |
Cepal |
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Cepal |
language |
English |
topic |
INTEGRACION ECONOMICA POLITICA COMERCIAL POLITICA FINANCIERA ESPECIALIZACION DE LA PRODUCCION CONVENIOS PREFERENCIALES CRECIMIENTO ECONOMICO CICLOS ECONOMICOS PRODUCTO INTERNO BRUTO MODELOS MATEMATICOS ECONOMIC INTEGRATION TRADE POLICY FINANCIAL POLICY PRODUCTION SPECIALIZATION PREFERENTIAL AGREEMENTS ECONOMIC GROWTH BUSINESS CYCLES GROSS DOMESTIC PRODUCT MATHEMATICAL MODELS |
spellingShingle |
INTEGRACION ECONOMICA POLITICA COMERCIAL POLITICA FINANCIERA ESPECIALIZACION DE LA PRODUCCION CONVENIOS PREFERENCIALES CRECIMIENTO ECONOMICO CICLOS ECONOMICOS PRODUCTO INTERNO BRUTO MODELOS MATEMATICOS ECONOMIC INTEGRATION TRADE POLICY FINANCIAL POLICY PRODUCTION SPECIALIZATION PREFERENTIAL AGREEMENTS ECONOMIC GROWTH BUSINESS CYCLES GROSS DOMESTIC PRODUCT MATHEMATICAL MODELS Tello, Mario D. Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
description |
Includes bibliography |
format |
Texto |
author |
Tello, Mario D. |
author_facet |
Tello, Mario D. |
author_sort |
Tello, Mario D. |
title |
Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
title_short |
Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
title_full |
Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
title_fullStr |
Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
title_full_unstemmed |
Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
title_sort |
peru: integration, sectoral specialization and synchronization with international gross domestic product cycles |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/11584 |
work_keys_str_mv |
AT tellomariod peruintegrationsectoralspecializationandsynchronizationwithinternationalgrossdomesticproductcycles |
_version_ |
1718435821493682176 |